$5,920 Closing Credit*
$498,500
2,142 SqFt
2 Beds
•2 Full Baths
SUSAN JEZEK, Listing Office: CUMBERLAND REALTEC INC
Is Jacksonville, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Jacksonville was a Seller's Market.
Key Takeaway
Jacksonville is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Jacksonville, FL
How much do homes in Jacksonville, FL cost?
Median Sold Price
$307,139
$188/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$7,204(+2.4%)
Key Takeaway
Homes in Jacksonville have sold for 2.4% more than they did a year ago.
Summary: The median home sold price in Jacksonville was $307,139 in November 2024, up 2.4% from last year, and the median price per square foot was $188.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $167.7K | $162K | -3.4% |
| 2 Bedrooms | $219.8K | $213.9K | -2.7% |
| 3 Bedrooms | $286.8K | $285.5K | -0.5% |
| 4 Bedrooms | $373.9K | $378K | +1.1% |
| 5+ Bedrooms | $521.9K | $565.6K | +8.4% |
Summary: Jacksonville housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 3.4%, 2 bedroom homes decreased by 2.7%, 3 bedroom homes decreased by 0.5%, 4 bedroom homes increased by 1.1%, and 5+ bedroom homes increased by 8.4%.
Median Sold Price Compared To Nearby Cities
| Jacksonville East | $339.6K | $360.1K | +6.0% |
| Jacksonville | $299.9K | $307.1K | +2.4% |
| Orange Park | $325.8K | $328.6K | +0.8% |
| Jacksonville West | $244.9K | $245.9K | 0.4% |
| Jacksonville North | $319.9K | $319.9K | 0% |
Housing Supply in Jacksonville, FL
How many homes are available in Jacksonville, FL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 5,434 | 5,576 | +2.6% |
Summary: The Jacksonville real estate market had 5,576 homes for sale in November 2024, a 2.6% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 76 | 82 | +7.9% |
| 2 Bedrooms | 821 | 888 | +8.2% |
| 3 Bedrooms | 2,741 | 2,768 | +1.0% |
| 4 Bedrooms | 1,441 | 1,455 | +1.0% |
| 5+ Bedrooms | 355 | 383 | +7.9% |
Summary: The Jacksonville housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 7.9%, 2 bedroom homes increased by 8.2%, 3 bedroom homes increased by 1%, 4 bedroom homes increased by 1%, and 5+ bedroom homes increased by 7.9%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 889 | 682 | -23.3% |
Asking Price vs. Sold Price
424 Homes Were Sold
Under Asking
166 Homes Were Sold
At Asking
92 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Jacksonville, you may be able to get a good deal. 62.2% of homes here sold below asking price last month.
Summary: A total of 682 homes were sold or pending in Jacksonville in November 2024, down by 23.3% month-over-month. Of the 682 sold homes, 62% were sold under asking, 24% were sold at asking, and 13% were sold over asking.
Days on Market for Jacksonville, FL
How long does it take to sell a home in Jacksonville, FL?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 57 Days | 61 Days | +7.2% |
Summary: Homes in Jacksonville had an average of 61 days on market in Nov 2024, up by 7.2% compared to last year.
Breakdown of Home Sale Times
275 Homes Were Sold
Under 30 Days
232 Homes Were Sold
In 30 - 90 Days
175 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Jacksonville are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 682 homes were sold in Jacksonville; 40% of homes were sold within 30 days, 34% of homes were sold within 30 to 90 days, and 26% of homes were sold over 90 days.
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© 2024 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This property is offered without respect to any protected classes in accordance with the law.
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Copyright © 2024 Multiple Listing Service of South Brevard, Inc. and Space Coast Association of REALTORS, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity™ Program of Space Coast Multiple Listing Service. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Deemed Reliable But Not Guaranteed. Real estate listings held by brokerage firms other this broker are marked with the Broker Reciprocity™ logo or the Broker Reciprocity™ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Some properties which appear for sale on this web site may subsequently have sold and may no longer be available.